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BALTIC FREE TRADE AGREEMENT

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Definition:
The Baltic Free Trade Agreement (BFTA) was a trilateral agreement on trade between Estonia, Latvia and Lithuania signed in 1994. In June 1996, the BFTA was extended to include agricultural trade, with effect from 1 January 1997. The agreement permits the removal of tariffs on all agricultural and food products of Baltic origin.

The Baltic Free Trade Agreement ceased to exist in 2004, when all three states became members of the European Union.
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Source Publication:
Agricultural Policies in OECD Countries: Monitoring and Evaluation 2000: Glossary of Agricultural Policy Terms, OECD
Sandro Steinbach, 2012, p.3.

Hyperlink:
http://www.changing-europe.org/download/CESS2012/steinbach.pdf

Statistical Theme: Agriculture and fisheries statistics - Agricultural policy indicators

Created on Tuesday, September 25, 2001

Last updated on Wednesday, March 27, 2013